Nine of the 10 largest investments were in mobile, according to the report, though DDM also noticed “a healthy spring crop of new studios and many early rounds” among the quarter’s many transactions.
“What has been clear is that companies whose gaming projects incorporate play-to-earn mechanics, tokens and/or NFTs continue to drive investments,” the report says. “The varied nature of their deals and offerings of equity, tokens and/or NFTs have changed how gaming companies can raise investments.” Initial Public Offerings, or IPOs were down notably from the previous quarter, “in what feels similar to pre-COVID levels and is an unusual departure from recent quarters,” according to DDM. Two smaller Polish game companies went public, while several far bigger SPAC-based vehicles have yet to be deployed in the sector.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blockchain Boosts Record Dealmaking In Game IndustryInvestments, IPOs, M&A and other transactions in video games, especially for blockchain-related companies, set more records in Q1, boosted by interest from non-traditional investors in blockchain-based game companies and technologies.
Source: Forbes - 🏆 394. / 53 Read more »
Music Industry Moves: AJR Signs With Mercury Records, LimeWire Strikes NFT Deal With Universal MusicAJR has signed with Mercury Records, the Universal Music label that recently relaunched via Republic Records. The New York-based trio of brothers Adam (vocals/bass), Jack (vocals/guitar), and Ryan …
Source: Variety - 🏆 108. / 63 Read more »
The Potential Impact of Blockchain on the Audit and Assurance Industry | CoinMarketCapProfessional auditors are scrutinizing the algorithm to understand blockchain technology better & discover new possible areas of its application 👀 Specifically, let’s discover how the Big Four accounting companies do that! 👏👏 CMCX is a great project to go in now The project will replace Solano, Cardano, Cosmos and Phantom in the future coremultichain cmcx core coremultichain CMCX CORE COREMULTICHAIN CoreMultichain Blockchain pump Future gold money
Source: CoinMarketCap - 🏆 290. / 63 Read more »